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<br /> � ?�- f1f.1096 � _ _ l
<br /> ." Addltldnal Provietons .
<br /> �obtot Wenents end Covonante:. ( 1 � Thet excopt for N�a bocurlty Intorost grnntod heretry Uebror is, or to tho extent thet tli�e opree�nont
<br /> states that tlie Calleterel is to !w acqulrad efter tha dato hRiuof, will bo, Hio o�vner of theColinmral froe from ony edvorso Ilen, securiry
<br /> interast . or oncumlxance; and that Dubror wiU dQlwid tho Co�lateral aqalnat all claims and dwn�nds o/ aIl parsims at any tlnw clahninp . � �
<br /> � � the sam¢ or any � interest tiiornin. �2) That no finnn�in�a statitment coveriop ifia Colint�r�l i�r any pruceeds thereof ie on file in nny Fwblle � � �
<br /> . offico a�d thntat the roryuest of Socureci Porty, �ubtnr wfU jnin �oi�h Securecf I'nrty in exocuting ono ur mora financ�np st�tenwnle � �wrsu• � �
<br /> . . ant to tli� N�brasko Unifomi ConNi�rcial C�xie fo fonn sntlsfactoty to S�cumd� Party and will pay tlio �vst of lilfnp sucb fioancin� statu- . . ..
<br /> � � mont, this sectrtity� aprecment nnd any continuaticui or terminatlon st:�tunent, in a11 public offites whemver filinp is deaiwd by �Secured . � � �
<br /> ' - � Purty to be necussary or desiratile; and if thc Cnllateral Is altad�ad to � �al es[atu prior tu iho perfection of tho ser.urity Interest �ronted � �
<br /> h�rei.�y or if lhe l;ullnteral i�clucla5 crop, or oll, �as ur minorals tu hca extrncted ur tlmbcr to br, cu4 Ucbtor wilL on dpna�xf of 5ecurod
<br /> � . Pnrty, fumish $ecurqd Pflrty wifh a discloiiner or disdoimc�rs or sut>nnfinntion as�rocanent nigned by nq persons tiaviii� an inle��est in the � � �
<br /> . reai es[atn, dlsclalrning or subordinatinH any intarest in th�� Cullriteral which is prior ro the inte� est o( Secured Pnrty. (J� Not to sell, � � �
<br /> . transfor or di;;{wsa o( the CollateraL nor inko Uiu s�une or altwnpt to t:�ka tli� smiA (rc�n the cowity whero kept a, abovo atated, withoul � �
<br /> �he prior iSTitte�i cunsent of 1he Secur�d Parp�, � d� 1�� pny ra� l taxes anA assess�nents o( evory nature �liich may ba leviad or aseessod � �
<br /> apains[ iho Cpllaterel, �f� Not to pomiit or allow a+ny ;uivoise lien, security Interest or enc�rn6�:�nr.e �•hafsoever upon fha Colieteral, end � � �
<br /> nut to pennit ihu s.�mo to bo ottached ur replovinixi, �G) 71m� q�e Culinteral is in yoocl caiditiun, and thac hu wilt at his own oxpense, �
<br /> ., i . keep ihe sane in guod condition orKi trom tima ro time, (orthwith, replaca a�x1 repair all suGi parts o( the Collateral as may be broken, � � �
<br /> r, � �� worn out or dama�ed withou! ailowin8 any I len to Ixe crented u�wn tlm Collateral on qccount ol such repl�icenxsnt or re�wirx, a�id tMnt � the � � �
<br /> . Secumd Pnny mey examinu and inspac:t the Cullaterul at any time, wiinrAvur lucatc�f. ( 7) llmt ha wi11 ot his own expenso Aeep the Col• � �
<br /> � laleral Insured In a cony�any saticfactory to Secured parry apainst los;, as nppropriate, by tiieft, collis�on, fiie aixl extended arverage, �
<br /> �t. �, � witli loss p:fyoble to ti��cur�d i'arry �s its inteirst may p{y�enr, nnd will un dMnand dalfver said �nlicles of insura�icu or furnish pruof of �
<br /> L: � _ � cuch insurencu tn 5ecur�d� Party. (N� At its option Securod P;�rty m�y ptncura ;tuch insuranco, discharQa tosea, Ilene or sncurity intotests � �
<br /> � ; ar other encumbrnnc�s at any timu Icvled or placecl on tha Collat�rel ond may p�y for tho repalr of nny d�naqA or injmy to or for the �
<br /> � ; � presarvation �aid mnintunanco o( thu .CollaternL Uebror aymas to �vimburse 5ecuraelPurryon dentand for nny payment or.e�cpense {ncurreA �
<br /> bY Securc�ef Pnrty pursuant io �the toregoinp� nuUiorization. Untii such ruimbursemont, iho miount o( any such paymeal,� with Inlerast et Mo
<br /> � rntu af +�j pr,r nnniun (mrn �c}oto 0� P�Vinent imtil �elmtwrsentant, . shall bc� nddr.d to thn fodebt�tinass owed by bebtor eixl 61�a11 he socuted
<br /> , ;�. . bY lhis 'if�re��nient, �9) Thot hc will not usc� tl�a Cnlinternl in violnfion �af ;�ny appiioable stenrto, reyulntion� or oidinance nnd if ony of the
<br /> � Collnteroi is nrotofvehicl�is Uio samo will � not Ixt mnleei, useel in rnntai � sorvice nor id �+ny � spoed or Andutnnco� contest.� ( 10� Delttor wiU � �
<br /> pay Sucurall'arty iiny and ell �costn and azpansas incurral irrrecoveriny {wssession of tha Collalnrel ond InemTocl - in: enloroing Nils
<br /> s � . secunty�oAreement, ond ihn 6ama sliolldw secur b . this s�curi � � �
<br /> . � Y tY 'oArce�nenl. . � . .
<br /> � Until Defoult Debtor�-��my have �.iossession of tha Collatr.ral nnd uc� ii In nny lawhd man�ier not inc�msi3tent with� this �oprv�iient and iwt �
<br /> � �incunsistnnf w(Ih any polfcy of insurancu thureun,� anA upon dulault � 5ncurcnl Parry nhall tia�•e �hu invnedintu ripb[ to dia � poesossion of �
<br /> ,�.-�' tho Collateral . -. � � . . . . . � . . . . . .
<br /> �� . Debtar Shall Bo in DQ(ault underlhis apiecinant upon the ho�ipeniny ot any o( tha tullowing �v�nts or c�tid(tions: � � 1 ) dulnidt Iri the pay-
<br /> � �� - � mcnt ur peifommnco ol any obHjJntlon, covenunt or Ii�bilitY contalncvf or rnfhrrecf to hcroin or ia ony �noto �vidancinp iha smio: -�2) nny
<br /> warranry, reprusenmtion or stat��nent m��o or furnishQd tn 5ecurecl Party by or on beliall of Debtor provve to hnve+ t�eon InlKa� in any ma•
<br /> terinl respect wlwn nvxfe or furnishixl; �3) any �n��it �dilch � �itiu1 [v in tha acceluration ul tho mawrit� of the Indobteclnecs vt Dehtor m '
<br /> olhers under nny inAenturc, upreitment m undertakinEa; (4 � los;, tholt, danmpu, dustniction salu er une�nnb��oncn to ur of nny of U�e Col •
<br /> lateral. o� thu mnkinp of nnV IevY, seizu�e or attaclxnent ther�f m� thereon; 151 death. dissolution. teiminaUon ol onistenca. InsolvoncY, d
<br /> Iws6ivss faihire. ap�wintmonl ol a r�ctfiver of nny part ol the prc�p�r1Y of. a::sipivnan� lor the b�nefit of crc�lltors 6V� or thg cannwncv- '
<br /> ' i rneari ol any prucuetliny under any banAruUtcy or insolvancy laws by or ayainst Uebtor or nny qunran�or ni suroty fer Dnbtor.
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<br /> (. ! Upon Such Delouli and at nny timo tliumaltur, or if it dcn�ns i [sell insecwe, Senved P;irty may declen� all p1�I �pnticN�s saaimci ha�etry
<br /> im�aMintely du� nnd payobie ifOli 511�II h7Y0 lhA fChnBlIlUS 0� n sucurod party undor Iha Netxaa;kn Unilurm C.ppMllt!ICIOI Code, Sncurcxf
<br /> ` ' Purry rnay iequire be6tor to ussomble iho Collatilro� nnd dclivcr or maAo it nvoilable tn 5��r.ur��t N�rty nt a place tu brz detiiE3nolod by
<br /> �� � Secured Perly wliich is reasonebly convoniA+nt to �ith pnrti�es, Unless thv Collatoral Is perishablo or ibrenir!ns to doclinA spoa111y In
<br /> - vnluo or is ol a typro custevnnrily snld un n rewtlnized mnrket, Secuied Parp� will pive Uo6tor rensona6le nutice ol Ihe timo nnd placo of
<br /> � i any puhiic salu thereof or ul tlu! timn al�or wliicii nnv Privatc s.da oi �ny uther intended disposi �ion thotool iF to Lu, ����do. The requiro-
<br /> _' � monts o! reasonable naticu shall be mot il such notico is n,niled,
<br /> _ posta��c proPnid. to thu address ol DabWr ehuwn �t lha buUinnirip ol
<br /> . ' thls a�roiyix�nt a� I�nst fivo days Iutfow lhc timo ol lho sale ur Jialrusilion.
<br /> . ! NO WOIVI't VY SOCIIIU(I POfly OI any dclault uhnll ot��rom ns n �vaiv�,r ul nny otlwr default oi ol the xano Jolault nn a fulure occnslon.
<br /> k � The takinq ol thie securiry ay�reemenl ,hall nat waivo or impair �n uther secuiit
<br /> � V � Y snid S�icumd Pnrry may hnvu oi huinnfterncquire for
<br /> the payment of tha ulwvu h�d�btodnoss, nor shall the takln�� ol any such odditionol svcurity waiv� or impair thi; eecurity oprnemenL
<br /> but sald Socurod Nony mny rasor( ro any sucuriry it m�y havtt in ihu u�der it nmy Juom pro��+r, and nutwithstandiny nny eollntcral soeu• �
<br /> � � rity, Sacm�ni Pniry shnll �i3toin its riphts af sotoff npninst aiL�er.
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<br /> o ' � .. All rights ol Secwud Party heraundar shol I inuru to tho benelit of ii, e;ucceasers and assf�nu; and a�i prnrnisua nnd dutles ol Dobtor
<br /> � ` . shall bind his h�lrs, ex�cuturs oi nelmini�0�mors ot his or its successors ur assiFlns. If �hetv be moro than one Dnblor. Ihulr I (nblllltat�
<br /> ', � � hereunder shelFtw joiat and suvernl. . �
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<br /> ., � � Thls apreement shnli bacana ulfoctiva whun It is sipnecl bY Uabtor.
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